Selected Readings in Public FinanceGinn, 1906 - 671 páginas |
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Página 23
... increased if the equilibrium between the different parts of the whole capital of society is to be undis- turbed . Every economic period must , therefore , make some ... INCREASE OF PUBLIC EXPENDITURES IN MODERN TIMES PUBLIC EXPENDITURES 23.
... increased if the equilibrium between the different parts of the whole capital of society is to be undis- turbed . Every economic period must , therefore , make some ... INCREASE OF PUBLIC EXPENDITURES IN MODERN TIMES PUBLIC EXPENDITURES 23.
Página 24
... increase of state activities " : 1 Comprehensive comparisons of different countries and dif- ferent times show that , among progressive peoples , with which alone we are concerned , an increase regularly takes place in the activity of ...
... increase of state activities " : 1 Comprehensive comparisons of different countries and dif- ferent times show that , among progressive peoples , with which alone we are concerned , an increase regularly takes place in the activity of ...
Página 25
... increase . France has been longer under a unified government than other Euro- pean countries , and it is easier to ... increase is real , and how far it is merely nominal ; for the present we are concerned with the fact that the figures ...
... increase . France has been longer under a unified government than other Euro- pean countries , and it is easier to ... increase is real , and how far it is merely nominal ; for the present we are concerned with the fact that the figures ...
Página 26
... increase : ( In millions of pounds ) YEAR 1691 1747 1797 1809 1814 ( war ) 1866 89 AMOUNT YEAR AMOUNT 3 1875 74 II 1882 85 58 1892 78 1898 112 1900 65 1902 102 118 142 The years following 1898 are years of war and not a fair basis for ...
... increase : ( In millions of pounds ) YEAR 1691 1747 1797 1809 1814 ( war ) 1866 89 AMOUNT YEAR AMOUNT 3 1875 74 II 1882 85 58 1892 78 1898 112 1900 65 1902 102 118 142 The years following 1898 are years of war and not a fair basis for ...
Página 27
... increased , none the less , even faster than those of France and England : 1 ( In millions of francs ) AMOUNT YEAR YEAR AMOUNT 1835 87.1 1881 402.3 1841 114.9 1891 402.1 1851 118.6 1895 410.3 1861 163.4 ... INCREASE IN PUBLIC EXPENDITURES 27.
... increased , none the less , even faster than those of France and England : 1 ( In millions of francs ) AMOUNT YEAR YEAR AMOUNT 1835 87.1 1881 402.3 1841 114.9 1891 402.1 1851 118.6 1895 410.3 1861 163.4 ... INCREASE IN PUBLIC EXPENDITURES 27.
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Términos y frases comunes
Adam Smith administration amount annual annuities assessed assessors bills bonds borrowing budget burden capital cent charge cities collected commonwealth companies Congress considerable consumption corporations customs direct taxes duties economic employed equal estimate exemption existing expense fact favor fees fiscal France greater important imposed income tax increase individual industry inheritance tax intangible interest labor land legislation less levied license loans Massachusetts means ment method millions mortgage municipal national debt necessary North Carolina outlay paid payment period personal property personalty political poll tax post office postal practice present principle productive profits progressive progressive taxation property tax proportion public debt public expenditures public revenue purpose real estate real property receipts reduced result salaries secure sinking fund surplus taxable taxation taxpayer telegraphs tion towns trade treasury United valuation wealth
Pasajes populares
Página 292 - The only security against the abuse of this power is found in the structure of the government itself. In imposing a tax the legislature acts upon its constituents. This is, in general, a sufficient security against erroneous and oppressive taxation.
Página 144 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. The expense of government to the individuals of a great nation, is like the expense of management to the joint tenants of a great estate, who are all obliged to contribute in proportion to their respective interests in the estate.
Página 497 - Persuaded, as the Secretary is, that the proper funding of the present debt will render it a national blessing, yet he is so far from acceding to the position, in the latitude in which it is sometimes laid down, that " public debts are public benefits " — a position inviting to prodigality, and liable to dangerous abuse — that he ardently wishes to see it incorporated, as a fundamental maxim, in the system of public credit of the United States, that the creation of debt should always be accompanied...
Página 248 - Laws shall be passed, taxing, by a uniform rule, all moneys, credits, investments in bonds, stocks, joint stock companies, or otherwise ; and also all real and personal property, according to its true value in money...
Página 77 - In the administration of the forest reserves it must be clearly borne in mind that all land is to be devoted to its most productive use for the permanent good of the whole people and not for the temporary benefit of individuals or companies.
Página 166 - Equality of taxation, therefore, as a maxim of politics, means equality of sacrifice. It means apportioning the contribution of each person towards the expenses of government, so that he shall feel neither more nor less inconvenience from his share of the payment than every other person experiences from his.
Página 478 - Commerce and manufactures can seldom flourish long in any state which does not enjoy a regular administration of justice, in which the people do not feel themselves secure in the possession of their property, in which the faith of contracts is not supported by law, and in which the authority of the state is not supposed to be regularly employed in enforcing the payment of debts from all those who are able to pay. Commerce and manufactures, in short, can seldom flourish in any state in which there...
Página 144 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought to be clear and plain to the contributor, and to every other person...
Página 145 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
Página 479 - Nations, like private men, have generally begun to borrow upon what may be called personal credit, without assigning or mortgaging any particular fund for the payment of the debt ; and when this resource has failed them, they have gone on to borrow upon assignments or mortgages of particular funds.